We are a family of Permanent Residents. Four years ago after en-bloc, we decided to rent first, thinking and wishing that prices would drop. I know many of my neighbors did the same, more so for PRS for the reason of 5% ABSD. Regrettably, prices trended upwards. We bit the bullet and bought a property after a few years of looking out to buy. This en-bloc available to spend money could be one contributing factor pushing up prices?
We are a family of Permanent Residents.
ReplyDeleteFour years ago after en-bloc, we decided to rent first, thinking and wishing that prices would drop.
I know many of my neighbors did the same, more so for PRS for the reason of 5% ABSD.
Regrettably, prices trended upwards.
We bit the bullet and bought a property after a few years of looking out to buy.
This en-bloc available to spend money could be one contributing factor pushing up prices?
No silver bullet to raising salaries of lower-wage workers: DPM Wong
ReplyDeleteOnly raising GST got the silver bullet. Hooray.